HIG highlands pacific limited

Ann: Scheme Booklet for Proposed Acquisition by Cobalt 27, page-4

  1. 1,051 Posts.
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    I have held for a similar period and have the same feelings on the whole thing. Ripped off!!

    In order to claw back a few cents on the thousands that have beep ripped off me, I would at least like to get the extra 1 cent if the nickel price meets the pre-condition. So what is that pre-condition? The initial Cobalt 27 Acqisition presentation says "US$13,220 or higher", while today's HIG Scheme Booklet says only if it "exceeds US$13,220".

    We nearly got there this month with four days at or above US$13,220. Fourth day finished right on US$13,220. So, if the next day was at or above the required price, would it have meet the condition for the extra 1 cent with the 4th day finishing exactly at US$13,220?



    Cobalt 27 Acquisition Presentation
    https://hotcopper.com.au/data/attachments/1468/1468592-379dd9f86842942c6175ad7e2245c5fc.jpg

    HIG Scheme Booklet
    https://hotcopper.com.au/data/attachments/1468/1468593-ec81cec2a11059a743ca2f5371bc558d.jpg
 
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